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PwC australia: PwC Australia scandal latest of many around the globe for the firm

PricewaterhouseCoopers (PwC) Australia is under fire after a former partner leaked confidential government tax plans between 2014 and 2017 which were then used to drum up work with multinational companies hoping to sidestep new rules.

Factbox-PwC Australia scandal latest of many around the globe for the firm

PricewaterhouseCoopers (PwC) Australia is under fire after a former partner leaked confidential government tax plans between 2014 and 2017 which were then used to drum up work with multinational companies hoping to sidestep new rules. Acting Chief Executive Kristin Stubbins told state parliament on Monday there would be "severe" consequences for any wrongdoing as the firm tries to contain a scandal that has led it to sell its government practice, source of one-fifth of this year's revenue, for A$1 ($0.67). Brazil, 2023 - PwC has been drawn into the bankruptcy of Brazilian retailer Americanas which collapsed in January after revealing $4 billion in accounting irregularities.

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